China extends anti-dumping tariffs on Indian optical fiber



China’s Commerce Ministry says it has extended tariffs on Indian optical fiber for five years

BEIJING —
China’s Commerce Ministry said Thursday it has extended punitive tariffs on Indian optical fiber products for five years.

The announcement follows a yearlong review after a previous tariff expired in 2019. It takes effect Aug. 14.

It is unclear if the move is in any way related to a recent bout of antagonisms between the Asian giants linked to a border clash in which 20 Indian soldiers died.

The tariffs on single-mode optical fiber range from 7.4% to 30.6% and were first imposed in August 2014.

Optical fiber is used in telecommunications networks.

Earlier this month, India kept in place tariffs on Chinese-made solar power products that were imposed to protect its own manufacturers.



Sahred From Source link Technology

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